PSYC 443 Lecture Notes - Lecture 5: Positive Illusions, Social Exchange Theory
14 Apr 2021
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Social exchange: expectancies and comparison levels: satisfaction is determined by discrepancies, what do i have, compared to what i can get, subjective ratings, usually consider alternatives when unhappy. Investments: resources we put into relationships that we won"t get back: try to reduce dissonance by: Increasing rewards/decreasing costs: consider clalts, consider leaving relationship, social exchange theory used for a long time to try and predict relationships, but overall too simplistic need to look at other predictors. Commitment: an internal pledge , since commitment is a decision we"re making, it"s more stable, so more likely to predict outcome. Intent to persist (cognition have you decided to stay?) Investment model (based on exchange theory: satisfaction is determined by: rewards; costs; comparison levels, commitment is determined by: satisfaction; alternatives; investments. 5. 57b: thinking about partner investments at least as predictive of thinking about commitment, as thinking about own investments, positive correlation between partner investment and commitment mediated by gratitude and trust.
